Business Line of Credit
To meet short-term financing goals or immediate cash needs for your business, a line of credit may be the answer. These loans are secured by business assets or by a second mortgage on a commercial or residential property, things you probably already have.
Once approved, you can access the amount you need, when you need it, and pay interest only on that amount. It works similarly to a low-interest credit card since you can access funds without having to re-apply, as long as your account is in good standing. Call us at (866) 585-7628 today to get started.
- Use for almost any business short-term need
- Cash flow, working capital, or seasonal needs
- Competitive interest rates
- Affordable payment terms
- Pay interest only on the amount you use
- Re-use as needed without re-applying
- Secured by business assets or a second mortgage
- Local decision-making and service
- Professional, personal service from St. Mary's CU